Sec 8 payment voucher

[Jermell Shavers]

So I’m looking at a 2 bedroom in Ferguson it already has tenants in it. I won’t be renewing the current tenants lease. I want to put it on sec 8 doesn’t sec 8 have a standard payment amount for how much they will pay for based on how many bedrooms the house has and what kind of voucher the tenant has ? Saint Louis Missouri is where I invest. If anyone can chime in I’d be very grateful.

I’m looking at the Sec 8 payment standard and they say a 2 bedroom will pay 905. But my PM says they won’t pay that much ? Idk what to believe…

[Jeremiah M.]

@Jermell Shavers it's what ever the rent is so if it's 1000 and sect 8 says they'll cover 90% they'll pay 900 and the tenant will pay 100